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Wasabista (Offline)
JF Old Timer
 
Posts: 216
Join Date: Jun 2008
Location: Saitama
11-20-2008, 12:18 PM

Quote:
Originally Posted by Tenchu View Post
... I am not overly sure it is rising... last I checked Japan it was announcing a recession and the yen is falling under a American based economy... of course, the NZ$ has fallen 30%, also...
Yes, Japan is officially in recession. Strangely, though, it seems most everyone else is suffering worse, so the yen is quite strong nowadays. In fact, it's holding up better than the Swiss franc.


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